What you need to know about Jurong Shipyard's deal with Prosafe
The Sembcorp Marine subsidiary has signed a Letter of Intent for the construction of a semi-submersible accommodation rig.
The announcement said that the rig, which is of similar design as the Safe Boreas presently under construction in Jurong Shipyard, will be built to comply with Norwegian regulations.
Jurong Shipyard has also granted two options for further new builds, meaning that Prosafe now in total has options for three new builds at JSPL. The additional two options can be designed for either the Norwegian Continental Shelf or for world-wide operations outside of Norway.
A further announcement will be made when the contract is signed.